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Review on OMG Network by Aiden McNair

Revainrating 4 out of 5

OmiseGO is an Ethereum-based financial technology company offering a…

OmiseGO is an Ethereum-based financial technology company offering a decentralized exchange (a blockchain) and a payments platform (a wallet). Thevtechnology allows for real-time, peer-to-peer exchanges and payments. It promises to work “agnostically” across jurisdictions and organizational silos, and across both fiat money and decentralized currencies.



Pros
  • OmiseGO will enable decentralized exchanges on a public blockchain at high volume and low cost. Using this platform, OmiseGO will provide a “next-generation value transfer service operating across currencies and asset types.”
Cons
  • I'm not a huge fan of decentralized exchanges because of my awful experience with idex and Forkdelta. Hopefully there'd be a huge upgrade from what we already have

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